Odin.fun Hack Update Signals Cautious Recovery Timeline

I’m monitoring Odin.fun’s latest update: the co-founder says authorities are involved and funds across multiple exchanges and tokens have been frozen, with efforts to recover funds and trace illegal transactions. They claim the audit fix is nearing completion and results will be disclosed before trading resumes, and they’ll cooperate with partners to ensure user funds remain 1:1 safe. They’re still assessing the attack’s impact and have not set a recovery timeline, promising to announce a specific date once determined. This follows reports that Bitcoin was hacked with abnormal BTC transfers. Given the ongoing uncertainty about timing and the need for concrete recovery measures, this calls for cautious positioning and close watching of developments.